Map location of 228 Main St, Racine, WI 53403
$650,000
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228 Main St, Racine, WI 53403

 Contact
- Beds
0 Baths
4,872 Sq Ft

This is a rare opportunity to acquire a spectacular income-generating building (restaurant business not included) in Downtown Racine, just steps from Lake Michigan. Featuring historic architecture, the almost 5,000 sqft building with coveted Cream City Brick has been kept in superb condition. A reliable, established restaurant leases the desirable street-level space, while the upstairs features two top-rated AirBNB apartments for immediate high-yield cash flow. Each one-bedroom apartment is 1,200 sqft or there is an adjoining door to combine. Units have been updated including modern amenities, plus tenants and patrons alike benefit from a convenient, attached parking structure. Don't let this investment opportunity pass you by. Apt1 currently rented MTM thru 4/1/2026 at $1,250 per month.

Listing By: Anthony J Veranth - Mahler Sotheby's International Realty wimmls Realty.com
  • MLS# 1944416
  • Date Listed12/03/2025
  • Days on Realty 104 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.05 acres (2,178 sq. ft)
  • Sewer Public Sewer
  • Property Type Industrial
  • County Racine
  • Year Built 1890
  • Water Public
  • Square Feet 4,872 sq. ft
  • Price Per Sq. Ft $133.42

Interior Features

  • Flooring Carpet
  • Cooling Central Air

Exterior / Lot Features

  • Roof Composition
  • Lot Size Acres 0.05
  • Lot Size SQFT 2,178.00
  • Lot Features -

Directions

Located on Main Street in Downtown Racine just south of State Street

Financial Considerations

  • Tax Amount $10,334
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Julian Thomas Elementary School

Public • PK - 5 • Serves this home

0.42 mi

Distance

Red Apple Elementary School

Public • PK - 5

0.99 mi

Distance

21st Century Preparatory School

Public • PK - 8

1.19 mi

Distance

Roosevelt Elementary School

Public • PK - 5

1.94 mi

Distance

Bull Early Education Center

Public • PK - PK

2.17 mi

Distance

Wadewitz Elementary School

Public • PK - 5

2.69 mi

Distance

Knapp Elementary School

Public • PK - 5

2.86 mi

Distance

Rusd Montessori

Public • PK - 5

3.47 mi

Distance

Mitchell Elementary School

Public • PK - 8

3.67 mi

Distance

North Park Elementary School

Public • PK - 5

5.03 mi

Distance

Walden Iii High School

Public • 6 - 12 • Serves this home

1.93 mi

Distance

Walden Iii Middle School

Public • 6 - 8

1.93 mi

Distance

Starbuck Middle School

Public • 6 - 8

4.64 mi

Distance

Park High School

Public • 9 - 12 • Serves this home

2.23 mi

Distance

Horlick High School

Public • 9 - 12

2.69 mi

Distance

Case High School

Public • 9 - 12

6.44 mi

Distance

St Catherines High School

Private • 07 - 12

1.21 mi

Distance

Lutheran High School

Private • 09 - 12

1.93 mi

Distance

The Prairie School

Private • PK - 12

4.02 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in WI / 53403

Source: Walk Score

76/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

69/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 24/100, Bike Score: 46/100.

Points of Interest near 228 Main St, Racine, WI 53403

Frequently Asked Questions for 228 Main St

Source: Realty.com

228 Main St, Racine, WI 53403 is a Industrial, Commercial Sale property listed for $650,000 The property is 4872 sq. ft with - bedrooms and 0 bathrooms

Our records indicate that 228 Main St was built in 1890.

The full address for this home is 228 Main St, Racine, WI 53403.

228 Main St has been listed on Realty.com since Wed December 03, 2025

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 24/100, Bike Score: 46/100.

There are 3 schools assigned to this home. Check out the schools near 228 Main St. Julian Thomas Elementary School (Grades: PK - 5), Walden Iii High School (Grades: 6 - 12), Park High School (Grades: 9 - 12)

Listing provided courtesy of: Mahler Sotheby's International Realty (tel: 414-964-2000)
Listing agent: Anthony Veranth (tel: 262-909-9690) (#1172)

This content last refreshed on 2026-03-17 05:41:05. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 228 Main St, Racine, WI 53403 : MLS# 1944416

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